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Income Tax Classes at Leisure Learning Unlimited


I have been teaching for 15 years. Besides, I have won multiple awards in public speaking, including 2003 Southeast Texas Champion of Public Speaking and The Biggest Liar. The latter, of course, comes from my IRS audit experience. ;)

All this is to say that very few of my students fall asleep, even though we discuss income tax! Come and see for yourself! The classes currently offered:

  1. Bookkeeping for Real Estate Investors (Beginners)
  2. Income Tax for Real Estate Investors - an Introduction (Beginners)
  3. Income Tax for Landlords - Buy & Hold (Intermediate)
  4. Income Tax for Resellers - Buy, Fix & Sell (Intermediate)


I teach in the evenings and on weekends, at Leisure Learning Unlimited. Classes are conducted at the Emerson Unitarian Church building in the Galleria area. The address is 1900 Bering Dr. (between Westheimer and San Felipe). You can register 24 hours a day online at the Leisure Learning web site. You can also register the traditional way - in person or by phone: 713-529-4414.

If they tell you that the class is full - call me at 713-721-3321, and I'll get you in. Class dates and descriptions are below. Classes repeat 2-3 times a year.


#9760. Bookkeeping for Real Estate Investors

Next class: Sat morning - Aug 16, 2008. 10:00 - 1:00 pm

Do you want to know what is the single most effective way to save on taxes? The answer is: keep good records. I am not kidding. Investors like you are losing THOUSANDS every year - just because they ignore bookkeeping. Actually, they have a very good excuse: bookkeeping is a huge pain. I agree. But it does not have to be - if you do it my way. In fact, good bookkeeping does not require a degree in accounting or fancy software such as QuickBooks. All you need is common sense and a little knowledge. You will need to provide the common sense part, and this class will provide the rest.

Topics covered:

By the end of the class, you will know how to get the job done with minimum effort and maximum results.

To get an idea of what I'm going to preach, please read The Ten Commandments of Great Bookkeeping article on this site. Also, please consider purchasing the organizers and books that can save you a lot of time and money.

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#9768. Income Tax for Real Estate Investors - an Introduction

Next class: Sat morning - Aug 23, 2008. 10:00 - 1:00 pm

Houston, we have a problem: the IRS does not recognize "real estate investing" as a business. Why? Because the tax law sees real estate investing as either-or: either you own and lease rental properties ("landlords") - or you buy/build/restore properties for resale ("resellers" - which includes flippers, rehabbers, wholesalers, builders, dealers, etc.) Very different rules apply to these two forms of investing, and I teach two intermediate-level classes: one for for landlords, and another one for resellers.

This introductory class is the first step. We will talk about the difference between landlords and resellers. We will discuss what to do when you do a little bit of both - which is very common among investors. We will talk about tax issues that are common for both types of investing. We will make taxes easier to understand.

Topics covered:

Previous tax knowledge is not necessary, but attending my Bookkeeping class will be helpful.

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#9771. Income Tax for Landlords - Buy & Hold

Next class: Tue night - Sept 16, 2008. 6:30 - 9:30 pm.


Whether you own one rental house or dozens of apartment complexes, you will have to deal with taxes. Most real estate investors overpay their taxes. Learn to keep all the money that is rightfully yours!
Previous students reported that this class saved them thousands of dollars!

Topics covered:

This is an intermediate-level class, and I recommend that you first take my Introduction to RE taxes class. Also, you can get a head start by reading some of the articles in the Real Estate Taxes section of this site.

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#9769. Income Tax for Resellers - Buy, Fix & Sell

Next class: Tue night - Sept 9, 2008. 6:30 - 9:30 pm.

Are you selling real estate for quick profit, as opposed to holding it for rentals? You can call yourself an investor, rehabber, flipper, builder, wholesaler, dealer, or whatever else. Legally, you are in the business of trading real estate. This type of business is subject to very high taxes. The taxes can eliminate your entire profit, and this is why you need to take this class! Learn how to keep your hard-earned money.

Topics covered:

This is an intermediate-level class, and I recommend that you first take my Introduction to RE taxes class.